Save Article

Ferrari Sale Sets Records

Auction of 33 Rare Vehicles
Grosses More Than $46 Million

Ferrari hosted an exotic garage sale at its factory outside of Maranello, Italy, this week, an event punctuated by a record-shattering bid for a vintage car.

Sotheby's and automotive specialist RM Auctions Inc. hosted the Leggenda e Passione, an auction of 33 rare Ferraris, including a 1962 330 TRI/LM Testa Rossa that sold for $9.275 million &ndash; the biggest sale ever at public auction. When adjusted for inflation, the deal ranks among the top five public sales, according to auction watchers.